Colorado Billionaire To Add 'Hedgie' To Resume

Jan 26 2006 | 7:41pm ET

Thirty-year-old entrepreneur Jared Polis, who has been called one of the richest young Americans, is reportedly readying to launch his own hedge fund. According to an article in the Rocky Mountain News, Polis, along with Joel Citron, expect to launch the fund in the second quarter with $100-200 million in assets under management.

Polis’ office referred phone calls to Citron, who declined to comment on the new venture.

Colorado-native Polis recently sold online retailer Provide Commerce, formerly known as ProFlowers.com, to Liberty Media for $477 million. In 1999, he sold online greeting card publisher BlueMountain.com to Exite@Home for $780 million. 


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...